Converting from Quickbooks

I want to convert my QB account to Peachtree to learn how to use Peachtree. I don't want to corrupt the original QB files so I copied the QBW file to a thumb drive and then attempted
to use the Peachtree conversion utility with the QBW file on the thumb drive as the source file. I get an error message that says the business file I'm trying to open is in use, try later. The help file is vague on how to do the conversion process. Do I have to create the business first in Peachtree? Can the QB file be copied and converted without destroying the original QB files? Or has Peachtree decided you will never use QB again once you import the files into Peachtree?
Bob
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload

What version of Peachtree and Quickbooks are you using? Peachtree can only handle certain QB conversions. They can not convert current year versions. So if you are using PT2007 you can only convert QB2006 or older. Look in the PT help file to confirm if your version will work.
It will not destroy your QBW file. You also do not need to create a new PT company file. Just use the File>>Start Screen>>convert or just select convert from the start screen when you first open up Peachtree.
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
Laura wrote:

    OK, I see the problem. I have PT Complete 2005 and I'm using QB 2006 Pro. If I upgrade to PT 2007, will I be able to make the conversion?
Bob
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload

Yes. I'm not sure it is worth the expense of upgrading to PT2007. According to the help file:
Peachtree will convert most lists in QuickBooks to the Peachtree format. Items that are converted to Peachtree include:
a.. company name and information
b.. chart of accounts and current balances for each account
c.. vendor records and current open balance
d.. customer records and current open balance
e.. customer sales taxes
f.. employee and employer payroll fields
g.. employee records and current year-to-date earnings
h.. inventory items (stock items will also include current quantity on hand)
i.. job records
Peachtree cannot convert individual transactions found in QuickBooks. It will only establish the current balance for each record at the time of the conversion.
So it might be easier to manually export the lists to excel (look in PT under "rebuild") and enter the balances into the COA using the year end trial balance. This would also be good practise on setting up a new company file without the conversion.
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload

BeanSmart.com is a site by and for consumers of financial services and advice. We are not affiliated with any of the banks, financial services or software manufacturers discussed here. All logos and trade names are the property of their respective owners.

Tax and financial advice you come across on this site is freely given by your peers and professionals on their own time and out of the kindness of their hearts. We can guarantee neither accuracy of such advice nor its applicability for your situation. Simply put, you are fully responsible for the results of using information from this site in real life situations.